Wm, all my present income was taxed at the federal level when I was working. If that offends you, enjoy.
Yes, retirees contribute nothing, it seems to me you are working on an oxymoron. That is why it is called retirement.
I reiterate, "As an aside what does your statement have to do with my questioning the equity of somebody making well over a mil paying a lower percent than a working slob?"
I probably paid a higher percentage than Romney as you probably do.
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The super rich will still be super rich, even with the progressive tax rates of the 1940's and 50's.

Multi-millionaires and multi-billionaires must contribute more because they have more.
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I do not fight fascists because I think I can win.
I fight them because they are fascists.
Chris Hedges

13% of one million dollars is $130,000. How much did you say you paid in Federal Income tax last year? I'll wager it was nothing.

Perhaps if one who made 1 million dollars, spent 10% of that on higher wages for his employees, his employees could make enough to pay a little more tax.

(Mind you even a mid size business owner easily makes well over this hypothetical 1,000,000 figure...)

I know the owners of two medium size companies in the UK and I doubt if either of them has an income exceeding £100,000. Both of them have said that most of the profits go in either research and/or investments to cut costs and both try to keep loans to a minimum.

But I have looked up Business sizes and this is what I found in a Wiki.

Yep, this will not effect The Boss' saving for His Children's Education, where He wants to PAY THE FULL TUITION for ALL THREE+++ Children, NOT DEPENDING AT ALL on The GOVERNMENT. In other words-HIS/HER CASH.

Yep, this will not effect the 10% or MORE the Boss is DONATING to Charitable Organisations, not his Church.

Yep, this will not effect The Boss' Savings, savings TO START OTHER BUSINESSES, which will EMPLOY MORE PEOPLE, people who on their own could NEVER start their own business to support themselves/family.

Yep, this will not effect The Boss' HELPING other Friends and Family Members in TIMES OF CRISIS or To START THEIR OWN BUSINESS, which will EMPLOY other people, who on their own could not, due to their, well, NO ABILITIES/COJONES.

Yep, this will not effect The Boss'____________________NEED I GO ON? Do you GET THE PICTURE, EL Communist/Socialist/DEMLib?

Yep, Take Take Take, someone ELSE'S INCOME. It is The Way, OBlabby Voters Want It.

Perhaps if we simplify the rules so that anybody who goes into business can effectively compete against those who currently make a million dollars with their team of lawyers, we can have more folks employed who pay taxes, less people on government subsistence, a larger GDP, less federal deficit, less inflation, stronger economy, more production, more American dream?

Guy, I like this post. And I mean that. I like where you are going here.

Where we disagree, is that simplifying the rules is not the answer to that problem IMHO. If you simplify the rules (without doing it VERY VERY carefully) you will just leave as much room for the "big dogs" to exploit as they already have, possibly more.

Again, I like the statement you made, but I think (more) tough regulations are what's needed to work towards that goal.
____________-Dave#2

When you pay your $130,000 then you have credibility in your comments.

And there we have it. Only the filthy rich have credibility. . .

This is why there is this huge divide this election season. It really has come down to two very basic and very different lines of thought.

If the man makes 40 Million in a year, you really think 13% is acceptable? You think that $5 million dollar tax payment is hurting someone who still has 35 MILLION left over? You think anyone needs that kind of money? You don't think he could survive just fine on $5 Million a year? I mean that's still multiples more that even the richest of us normal folk make. That's the whole point. Once upon a time these high taxes charged to the rich built this country into what it once was, infrastructure, education, and projects that advanced technology for all of mankind. It made us a GREAT country. And the rich who paid these high taxes, still lived the high life (with that much money how can you not?) Somewhere along the line, man did we go wrong, and now everyone wonders how do we fix it?
____________-Dave#2

4th angle makes a great deal over those job creators.
Where are the jobs dude?

The pampered wealthy elites have increased their share of the pie.
The corporate sector is sitting on mountains of cash.
Where are the jobs?

Society bought the dribble down theory and allowed the rightists to lower taxes on the corporatists and the wealthy. They promised that a rising tide raises all boats.

Well, the tide is in.
The biggest yachts are all afloat but those working people sitting in their canoes are adrift and taking on water.

North America's best years were when the working class had stability and a voice in the country's direction.
Now, it's money that does the talking.
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I do not fight fascists because I think I can win.
I fight them because they are fascists.
Chris Hedges

Worst case scenario if Romney takes the crown the oil rich canada will be invaded by the supreme empire if not militarily then by sophisticated political mechanisms and long arms that Washington master. And middle eastern political balances will get out of hands maybe 100 000 more american troops will be shipped there in the next 2 years. Basically pre conditions of Armaggeddon.

Whole world witnessed that what kind of political disaster soup Romney has cooked just before the London summer olympics beginning he literally made uk his enemy. So weird.
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Mandtugai!

Worst case scenario if Romney takes the crown the oil rich canada will be invaded by the supreme empire if not militarily then by sophisticated political mechanisms and long arms that Washington master. And middle eastern political balances will get out of hands maybe 100 000 more american troops will be shipped there in the next 2 years. Basically pre conditions of Armaggeddon.

Orgil, these are not the long arms that Washington master, but rather the business tactics being taught in the business grad schools. The Brits are as least as pernicious.
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Worst case scenario if Romney takes the crown the oil rich canada will be invaded by the supreme empire if not militarily then by sophisticated political mechanisms and long arms that Washington master. And middle eastern political balances will get out of hands maybe 100 000 more american troops will be shipped there in the next 2 years. Basically pre conditions of Armaggeddon.

Orgil, these are not the long arms that Washington master, but rather the business tactics being taught in the business grad schools. The Brits are as least as pernicious.

It is true that Bush has systematically broke down or failed the Washingtons long arm around the world that turned most of europe his enemy. Obama very domestically struggled in the home fronts but Romney will try that aggressive republican right wingish attitude and will attack on every oil rich zones in his sight that is granted.

We should remember that in 2007 Washington was so isolated power so the economy all around quickly slipped into recession. Condolisa Rice was most desperate lady in 2007.

But chinese was the winner on western failure they managed to suck 2 trillion dollars from western overly confident attitude. I mean westerners still fail to recognize eastern geopolitical tactics. So it is granted if Romney wins chinese will manage to suck another 2-4 trillion dollars out of overly confident right wing attitude.
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Mandtugai!